Analysts have been eager to weigh in on the Technology sector with new ratings on Check Point (CHKP), Rogers Communication (RCI) and Twitter (TWTR).
Check Point (CHKP)
Barclays analyst Saket Kalia maintained a Hold rating on Check Point on July 24 and set a price target of $127. The company’s shares closed on Friday at $112.49.
According to TipRanks.com, Kalia is a 5-star analyst with an average return of 14.0% and a 60.1% success rate. Kalia covers the Technology sector, focusing on stocks such as CyberArk Software, SecureWorks Corp, and Varonis Systems.
Check Point has an analyst consensus of Moderate Buy, with a price target consensus of $123.71, representing a 10.0% upside. In a report issued on July 11, Robert W. Baird also maintained a Hold rating on the stock with a $120 price target.
See today’s analyst top recommended stocks >>
Rogers Communication (RCI)
Barclays analyst Phillip Huang maintained a Hold rating on Rogers Communication on July 24 and set a price target of $56. The company’s shares closed on Friday at $52.84.
According to TipRanks.com, Huang is a 5-star analyst with an average return of 11.0% and a 80.2% success rate. Huang covers the Technology sector, focusing on stocks such as CGI Group, Open Text, and Descartes.
Rogers Communication has an analyst consensus of Hold, with a price target consensus of $56.
Twitter (TWTR)
In a report issued on July 26, Ross Sandler from Barclays maintained a Sell rating on Twitter, with a price target of $34. The company’s shares closed on Friday at $41.52, close to its 52-week high of $42.33.
According to TipRanks.com, Sandler is a 5-star analyst with an average return of 10.5% and a 65.1% success rate. Sandler covers the Technology sector, focusing on stocks such as Uber Technologies Inc, IAC/InterActiveCorp, and Match Group Inc.
Twitter has an analyst consensus of Hold, with a price target consensus of $39.86, implying a -4.0% downside from current levels. In a report issued on July 26, Mizuho Securities also maintained a Sell rating on the stock with a $35 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
